Higher platinum price possible but harmful-Implats


JOHANNESBURG, Aug 28 (Reuters) - Platinum could push above this week's 23-year peaks on speculative buying, but such prices harm the precious metal's long-term viability, world number two producer Impala Platinum Holdings Ltd (Implats) said on Thursday. Jewellery buyers were put off by high prices, which reached $712 an ounce on Wednesday and surpassed a previous 23-year high touched in March, as speculators piled into the market. Car makers, who use the metal in auto catalysts to clean ...

Premium Content (PAID Subscription Required)

"Higher platinum price possible but harmful-Implats" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights

Nov 30, 2015

2016 Wards 10 Best Engines Test Drive: Ram 1500 EcoDiesel

The Ram 1500 and its 3.0L EcoDiesel V-6, evaluated by editor Bob Gritzinger, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×